Situation is Changing
- Southeast Asia: The rates are increased a little. There's little space available.
- Europe: The export volume is seriously small. All the carriers are reducing the rates. The competition is severe.
- COSCO will launch new service named ABX to eastern Med. and black sea.
- Africa: The rates are stable. Plenty of space is available.
- AGS for northwest Europe and Med. will be adjusted to USD20/TEU from May 10.
- Middle East and ISC area: Vessels begin to be overbooked. The rates are increased.